RBI conducts 3 day Variable Rate Reverse Repo Auction worth Rs. 50,000 crore today under LAF at 02:15 PM to 02:45 PM and later announced the results as follows
Notified Amount 50,000 Crore
Total Amount of Offers Received 1,51,700 Crore
Amount Accepted 50,006 Crore
Cut off Rate 5.14 Percentage
Weighted Average Rate 5.14 Percentage
Partial Acceptance Percentage of offers received at cut off rate 86.22 Percentage